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___________ involves providing a host of scalable Web-based applications and services over the Internet or a private network accessible by Web browser clients.
EZ Ice Cream Inc.
Presumably a fictional company; without more context, it would represent a hypothetical business entity.
Condition Precedent
A condition in a contract that must be met before a party’s promise becomes absolute.
Condition Subsequent
A condition in a contract that operates to terminate a party’s absolute promise to perform.
Express Condition
A clearly stated, specific requirement within a contract that must be met for the contract to be fulfilled or an obligation to become due.
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